Shearing a tree stock exchange: turning point in aviation

The Corona-crisis has the world's two largest aerospace and defense companies Airbus and Boeing in the second quarter deep in the red slip. In the case of Airb

Shearing a tree stock exchange: turning point in aviation

The Corona-crisis has the world's two largest aerospace and defense companies Airbus and Boeing in the second quarter deep in the red slip. In the case of Airbus, a loss of more than 1.4 billion Euro under the dash. In the prior-year quarter, the group had reported a profit of 1.2 billion euros.

The American competitors had it get even worse: A decline of around 2.4 billion dollars (two billion euros), compared to the previous year, even an improvement. Had the "Jumbo"group special costs due to the accident airplane 737 Max, a Record loss of 2.9 billion dollars into this.

Who is still a shareholder of the two corporations, must first take a deep breath There is hardly an industry so hard hit by the Corona pandemic, such as the aviation industry. And no other sector will have to no longer put up with the effects.

Bye Bye, Jumbo!

the two companies are fighting for. Thousands of layoffs, production will be reduced and the times of the superlatives in the sky seem to be over. Boeing will build the largest passenger aircraft in the world after more than five decades. Bye Bye, Jumbo jet Boeing 747. In the year 2022, the last one will be built. The demand was too low, so the Americans.

Currently, Boeing are only a dozen orders for the model 747 as a freighter. Last only six copies per year were manufactured. Since Airbus had already announced at the beginning of 2019, the production of the giant plane A380 will be available in future, no new kings of the skies and more.

the Airbus was once competed with the double-Decker Airbus A380, the Jumbo as the largest passenger aircraft in the world tending to replace the points, especially in the case of the major airlines such as Deutsche Lufthansa. The Plan belongs to the past. Instead, the Europeans want to drive the production of the recent Langstreckenjets A350 even more than planned.

Updated Date: 31 July 2020, 05:19

You need to login to comment.

Please register or login.

RELATED NEWS